Joby Aviation (JOBY 2.34%) is aiming to revolutionize air travel with electric vertical takeoff and landing (eVTOL) aircraft, but can it overcome rising losses and Federal Aviation Administration (FAA) delays? In this video, I dive into Joby's growth, its defense deals, its valuation, and whether the stock will soar or stall.
Joby Aviation (JOBY 2.38%) stock surged early in Friday's trading, but it wound up giving up most of its gains. Shares of the maker of electric vertical takeoff and landing (eVTOL) vehicles rose 2.3% today, but they had been up as much as 11.2% earlier in the session.
Joby Aviation Inc (NYSE:JOBY) shares gained nearly 3% to $14.07 in late-morning trading on Friday after the developer of air taxis for commercial passenger service announced its participation in the White House's new electric vertical takeoff and landing (eVTOL) Integration Pilot Program. eVTOL, a joint effort by the Department of Transportation and the Federal Aviation Administration (FAA), ...
The Federal Aviation Administration said it's launching a pilot program to speed up the rollout of air taxis. Archer Aviation and Joby Aviation, major players in the eVTOL space, said they are participating.
Air taxi company Joby Aviation (JOBY 3.40%) announced Friday that it will participate in the White House eVTOL (electric vertical takeoff and landing) Integration Pilot Program (eIPP) announced back in June, aiming to "demonstrate eVTOL use cases, such as passenger transportation, cargo delivery, and emergency response, ahead of achieving type certification."
SANTA CRUZ, Calif.--(BUSINESS WIRE)---- $JOBY--Joby Aviation, Inc. (NYSE:JOBY), a company developing air taxis for commercial passenger service, today announced plans to participate in the White House eVTOL Integration Pilot Program (eIPP). The President's recent Executive Order (EO) directs the Department of Transportation (DOT) and Federal Aviation Administration (FAA) to ensure that mature e...
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.